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Ford Repurchasing $5 Billion in Debt, Tapping Into ESG & Green Bonds

Ford Motor Co. has announced a cash tender offer to repurchase up to $5 billion of the companyโ€™s high-yield debt in the hopes of rebalancing its budget after needing to borrow so much during the back-to-back-to-back production shutdowns incurred since the start of 2020. The automaker is retiring as much of theย $8 billion in bonds […]
Glasgow City United Kingdom United States France General Vigeo Eiris Chamath Palihapitiya

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The challenges of standardising green bonds in Japan

History of green bonds in Japan The dawn of green bonds in Japan was the issuance in October 2014 of euro-denominated green bonds by Development Bank of Japan (DBJ). The net proceeds of the issuance were used to finance new and existing loans managed by DBJ in connection with a real estate development holding the DBJ Green Building Certification. Since then, DBJ has monitored and accounted for the net proceeds in order to ensure their proper allocation to those loans, and has made relevant info...
New York United States New Market United Kingdom New York University Suguru Miyata
Source: iflr.com

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